Exolum's 2025 Financial Performance Highlights and Industry Implications
Exolum recorded a net profit of 386 million euros in Spain for the year 2025, marking a 1.9 percent increase compared to the previous year, according to the National Commission of Markets and Competition (CNMC).
The company's gross operating profit (EBITDA) in the country reached 604.2 million euros in 2025, a 3.6 percent rise from 2024, affirming its position as Spains leading liquid hydrocarbon logistics operator.
Revenue from commercial logistics remained the primary business driver, constituting 60 percent of the operating income, which grew by 1.5 percent. The effective average price for consignments of petrol and diesel services was 0.997 euro cents per litre, rising by 1.9 percent. This accounted for 0.7 percent of the average retail prices for 2025.
Investments within Spain amounted to 119.8 million euros in 2025, reflecting a substantial 66.2 percent increase over the previous year. Of this, 40.6 percent was allocated to safety, environmental compliance, and infrastructure integrity, while the remaining 59.4 percent focused on commercial development and new business initiatives.
Regarding product throughput, Exolum's total petroleum product exports reached 49.4 million cubic metres in 2025, marking a 1.6 percent increase from 2024 and surpassing pre-pandemic levels for the second consecutive year.
Gasolines and gas oils comprised the bulk of exports, totaling 38.5 million cubic metres, a 1.2 percent increase. Retail fuel withdrawals, representing 83 percent of this volume, grew marginally by 0.5 percent. Exolum also observed growth in diesel B (2.1 percent) and diesel C (9.7 percent). Aviation fuels, fuel oils, and IFOs exports totaled 10.9 million cubic metres, rising by 2.8 percent.
The companys transportation activities involved 44.9 million tonnes in 2025, a 1.9 percent increase from the previous year. Transport via pipelines, tankers, and other modes experienced divergent trends, with pipeline transit decreasing by 1.2 percent and tanker shipments increasing dramatically by 41.2 percent. Conversely, pipeline activity declined by 1.2 percent, and tankers decreased by 9.4 percent.
Average stored volumes of petroleum products decreased by 5.8 percent compared to 2024. Safety stock supplies remained predominant, accounting for 67.5 percent of total storage, with diesel products as the main component, contributing 69 percent of storage volumes.
As part of its regulatory oversight, the CNMC monitors third-party access to liquid hydrocarbon infrastructure in Spain, ensuring transparency, non-discrimination, and fair pricing. Recognising Exolum as the principal logistics operator, the regulator emphasises the importance of monitoring its physical, economic, and investment activities for market regulation and competitiveness.